
Eagle Bancorp (EGBN) Stock Forecast & Price Target
Eagle Bancorp (EGBN) Analyst Ratings
Bulls say
Eagle Bancorp has demonstrated strong capital retention, with its Common Equity Tier 1 (CET1) ratio increasing to 14.6% and Tangible Common Equity (TCE) rising to 11.0%, suggesting solid financial health. The company is adapting to market dislocations by focusing on commercial and industrial (C&I) growth opportunities, supported by recent hires and a commitment to improving net interest margins (NIM), which have been projected to rise to between 2.50% and 2.70%. Additionally, Eagle Bancorp has shown resilience through significant liquidity buildup, reflected in a 28% increase in loan-to-deposit ratio (LQA), setting the stage for positive earnings per share (EPS) growth in 2025 and beyond.
Bears say
Eagle Bancorp's stock outlook is negatively impacted by a decline in net interest margin (NIM), which decreased by 8 basis points to 2.29%, falling short of expectations primarily due to a less favorable asset mix and an increase in interest-bearing deposits. Additionally, the bank reported a significant deterioration in asset quality highlighted by the migration of a large office loan to nonperforming status, which saw a 44% value decline since May 2022 and led to a $9 million charge-off. The overall financial environment remains challenging, with risks related to missed growth expectations, further asset quality deterioration, and general weakness in bank stock valuations contributing to a cautious outlook for the company.
This aggregate rating is based on analysts' research of Eagle Bancorp and is not a guaranteed prediction by Public.com or investment advice.
Eagle Bancorp (EGBN) Analyst Forecast & Price Prediction
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